As Britain’s top banks reaffirm their commitment to back British business through access to finance, ahead of Brexit, Purbeck Insurance Services is urging small business owners not to be deterred by a personal guarantee to secure access to funding but to look at ways they can mitigate the risk. In a survey by Purbeck, over […]
A Hertfordshire based nursery business has grown from humble roots to become the largest childcare franchise in the UK, collecting accolades along the way. Since its foundation in 2006, Mark and Rebecca Crosby’s childcare franchise Monkey Puzzle has become the largest nursery franchise in the UK, and the fifth largest childcare provider in the country. […]
Alternative business lender Just Cash Flow PLC has increased the unsecured lending limit on its revolving credit facility (RCF) from £50,000 to £85,000. The RCF works in a similar way to a traditional bank overdraft. This enhancement means applicants no longer need to secure a property on lending up to £85,000 and can provide a […]
Rising costs are the greatest challenge facing small businesses around the world, according to the latest Global Business Monitor study from global SME partner, Bibby Financial Services (BFS) and global leader in trade credit insurance Euler Hermes. Findings of the research, based on a survey of more than 2,300 SMEs in 13 countries across Asia, […]
Property developers say the Midlands Engine is a shot in the arm for the region’s economy, according to new research. In a study by specialist finance company Together, they said the initiative has had a ‘very positive’ impact on their plans to invest across the region. The strong support is tipped to translate into development […]
The Financial Intermediary and Brokers Association (FIBA) has extended its range of lending options for members with the appointment of Pension-led funding, a subsidiary of Clifton Asset Management, to its lender panel. The facility allows company directors and owners to make use of existing pensions to provide funds for commercial purposes. Interest is paid back […]
Simply, the SME funder, today announced that it has received a further increase to its funding line from Aldermore which brings the total facility to £30m. The additional £10m means that Simply is now one of Aldermore’s most significant block funding partners and the total facility is one of the largest block discount deals in […]
Since entering the Northern Ireland residential development market in January 2018, marketplace lender Assetz Capital has assisted developers in bringing over 260 brand new homes to the local market. Assetz Capital’s investments have directly contributed to the NI economy, while also complementing the choice of funding available to local house builders. House types have ranged […]
The Fiducia Group has launched Fiducia Corporate Finance. Fiducia Corporate Finance will provide a bespoke corporate service for debt and equity fund raising for entrepreneurs and companies. It will offer advice, specialising in: equity capital raising, debt capital raising, disposals, acquisitions, refinancing, restructuring and general corporate strategic advice. It will operate in the UK, and […]
Period Covered: 01 – 07 June 2023 Shop Price annual inflation decelerated to 8.4% in June, down from 9.0% in May. This is below the 3-month average rate of 8.7%. Food inflation decelerated to 14.6% in June, down from 15.4% in May. This is below the 3-month average rate of 15.2% and is the second consecutive […]
